The European Commission (EC) imposed provisional tariffs of up to 37.6% on imports of electric vehicles from China to compensate for the damage caused to EU producers by unfair subsidies to the Chinese sector.
According to a report by the EFE news agency, the Commission reached this conclusion nine months after having opened an ex officio anti-subsidy investigation into these imports and while continuing talks with the Chinese authorities to try to find a solution.
The individual duties applicable to the three Chinese producers included in the sample amount to 17.4% for BYD, 19.9% for Geely and 37.6% for SAIC.
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Other Figures
The European Commission further resolved that other Chinese electric vehicle producers that cooperated in the investigation but were not included in the sample are subject to the weighted average duty of 20.8%, while that which will apply to other non-cooperating companies will be 37.6%.
The figures were corrected slightly downward compared to the tariffs announced last June 12 (a maximum of 38.1% was targeted then), based on comments on the accuracy of the calculations submitted by interested parties, the EC said in a statement.
The measure was published in the Official Journal of the European Union and is already in force, for a maximum duration of four months.
Within this period, a final decision on the definitive duties must be taken by a vote of the EU Member States.
When this decision is taken, the duties will be definitive for a period of five years, which may be extended upon justified request and subsequent review.
